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The US warns of new tariffs for European products, referring to Airbus subsidies: NPR



The new Airbus A320neo aircraft was presented by the Spanish Vueling airline in Barcelona on September 27, 2018. Trump administration is preparing to impose import tariffs from Europe, referring to Airbus subsidies.

Josep Lago / AFP / Getty Images


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Josep Lago / AFP / Getty Images

A new Airbus A320neo aircraft was presented by the Spanish Vueling airline in Barcelona on September 27, 2018. Trump administration is preparing to impose import tariffs from Europe, referring to Airbus subsidies.

Josep Lago / AFP / Getty Images

Updated at 12:41 pm ET

Trump Administration is preparing for import tariffs from Europe to billions of dollars in response to unfair subsidies for Airbus aircraft. The proposed tariffs will cover not only airplanes, but also wine, cheese, wool suits and other European products.

President Trump advertised the proposed tariffs on Twitter arguing that the European Union "has benefited from the US advantage in trade for many years."